South Carolina Statutes
§ 59-119-100 — Investment of Clemson bequest generally and payment of interest to board.
The State Treasurer shall securely invest and reinvest the funds in his hands derived from the Clemson bequest in such manner as shall be directed by the Governor, the Comptroller General and the State Treasurer or any two of them. He may collect the interest annually upon all investments made of funds of the Clemson bequest and pay the same over to the treasurer of the board of trustees of Clemson University. He shall, under the direction of the Governor, the Comptroller General and the State Treasurer or any two of them, enforce the collection of the principal and interest due on any investment made of such Clemson bequest.
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South Carolina § 59-119-100 (Investment of Clemson bequest generally and payment of interest to board.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 22-210; 1952 Code SECTION 22-210; 1942 Code SECTION 5736; 1932 Code SECTION 5736; Civ. C. '22 SECTION 2832; Civ. C. '12 SECTION 1892; Civ. C. '02 SECTION 1306; R. S. 1124; 1890 (20) 662.
Nearby Sections
15
§ 59-119-1000
Execution of bonds and coupons; authentication; bonds registerable as to principal and interest; changes.§ 59-119-1050
Effectiveness of authorizations.§ 59-119-140
Annual report by board.